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Lighthouse Housing Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 452942323 ✦ Iowa city, IA ✦ Designated as a 501(c)(3)

Overview

What is Lighthouse Housing Foundation Inc?

Lighthouse Housing Foundation Inc, based in Iowa City, Iowa, is a dedicated nonprofit organization. Its primary mission is to offer affordable housing to individuals and families with low and very-low incomes. The organization achieves this by developing, acquiring, rehabilitating, owning, and operating rental units. These units are designed to cater to those who fall under the income limits established by the U.S. Department of Housing and Urban Development (HUD). The goal of Lighthouse Housing Foundation Inc is to provide decent, safe, and clean housing at an affordable rate, benefiting low to moderate income individuals, families, the elderly, and the handicapped.


Official website here: www.lighthousehousingfoundation.org

Is Lighthouse Housing Foundation Inc legitimate?

Lighthouse Housing Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lighthouse Housing Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $381,072

For more financial information, click here


Official website here: www.lighthousehousingfoundation.org

What is the mission statement of Lighthouse Housing Foundation Inc?

Lighthouse Housing Foundation Inc's mission is to provide decent, safe, and clean housing at an affordable rate for low to moderate income individuals, including families, the elderly, and the handicapped, as appropriate. The organization develops, acquires, rehabilitates, owns, and operates rental units intended for individuals and families with low and very-low incomes. These housing units are occupied by residents who qualify as low income and very-low income individuals and families, as defined by the income limits established by the U.S. Department of Housing and Urban Development (HUD). The foundation's goal is to contribute to the housing needs of these vulnerable groups, ensuring they have a secure place to live.


Official website here: www.lighthousehousingfoundation.org

Who is the CEO of Lighthouse Housing Foundation Inc?

Bruce Haupert is the Director of Lighthouse Housing Foundation Inc.


Official website here: www.lighthousehousingfoundation.org

What is the revenue of Lighthouse Housing Foundation Inc?

Lighthouse Housing Foundation Inc's revenue in 2022 was $2,750,321.


Official website here: www.lighthousehousingfoundation.org

Who are the executives of Lighthouse Housing Foundation Inc and what are their salaries?

Here are 3 key members and their salaries:

    Bruce Haupert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tracy Glaesemann Falcomata (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Doyle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lighthousehousingfoundation.org

    Where can I find the form 990 for Lighthouse Housing Foundation Inc?

    The Lighthouse Housing Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.lighthousehousingfoundation.org

    Learn more at the official website: www.lighthousehousingfoundation.org

    Mission Statement of Lighthouse Housing Foundation Inc

    Lighthouse Housing Foundation, a nonprofit organization, is committed to providing decent, safe, and clean housing for individuals and families in need, specifically focusing on those with low to moderate income, the elderly, and the handicapped. The foundation's mission is to develop, acquire, rehabilitate, own, and operate affordable housing rental units. These units are intended for individuals and families who fall under the category of low and very-low income, as defined by the income limits established by the U.S. Department of Housing and Urban Development (HUD). By offering affordable housing, Lighthouse Housing Foundation aims to contribute to the well-being of its residents, providing them with a secure living environment.

    Impact

    This information is meant to be a general summary of Lighthouse Housing Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Lighthouse Housing Foundation Inc's impact is significant in providing decent, safe, and clean housing for rent at an affordable rate to low to moderate income individuals, including families, elderly, and the handicapped. The foundation develops, acquires, rehabilitates, owns, and operates affordable housing rental units intended for individuals and families with low and very-low incomes. Their housing units are occupied by residents who qualify as low income and very-low income individuals and families as defined by the income limits established by the U.S. Department of Housing and Urban Development (HUD). This helps in addressing the critical need for affordable housing in Iowa City, IA, and positively impacts the lives of those in need of such support.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,414
  • Program Service Revenue: $2,748,907
  • Gross Receipts: $2,750,321

    • Assets and Liabilities:
  • Total Assets: $8,514,298
  • Total Liabilities: $10,266,859
  • Net Assets: -$1,752,561
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENTAL INCOME

    Revenue

    $2,748,907

    Organization Details

    Founding Year

    2008

    Principal Officer

    Bruce Haupert

    Main Address

    PO BOX 1226, IOWA CITY, IA, 522441226

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Lighthouse Housing Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.